3D Printing Software and Services Market, 2021

The global 3D printing software and services market was valued at $1,475.0 million in 2016. This is expected to grow and reach $4,526.6 million by 2021, at a CAGR of 25.2%.

The global 3D printing software and services market is emerging at a rapid pace. With the emergence of many new forms of software in the category of design/modeling, data preparation, simulation and machine control (which includes slicing software), there are a wide range of opportunities in the 3D printing industry to design and implement extensive variety of 3D printed objects.

Manufacturers, designers, artisans and individuals are harnessing the cutting-edge technology of 3D printing and mass production to create objects for numerous applications. 3D printing companies have retorted with a range of online 3D printing services that offer technologies catering to a wide range of uses. Their ultimate goal is to help the clients use the technology without investing substantial amount of time and money into researching 3D design principals and 3D printing technologies for a particular business.

While most of the consumer 3D printers can be purchased for $1000 or less, the cost of commercial 3D printers that offer the precision and build quality that many businesses need, can be as high as several thousands of dollars. Hence, the current trend that is trailing in the 3D printing industry is that many of the small businesses are opting for 3D printing services, wherein they upload the design they need, and get the 3D printed products constructed by a 3D printing service provider (that already has a 3D printer) at a substantially low cost. In other words, service bureaus that 3D print objects on demand provide a way for smaller companies to rapidly prototype without the need of immediate investment of considerable amounts.